Relating to the division of revenue of school district foundation property taxes for urban renewal projects, authorizing voluntary payments by school districts, and including applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 10, 2026
2. ✓
   Done: SubcommitteeFebruary 10, 2026
3. ✓
   Done: Senate committeeFebruary 19, 2026
4. Next: Passes the Senate
5. Next: House committeeFunnel: by March 20, 2026
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

Became SF 2436 → Its progress continues under the new number. Go to SF 2436 What’s a funnel?

What’s in it

19 (tax increment financing). The bill prohibits the foundation property tax from being divided and paid into the municipality’s special fund for the payment of urban renewal indebtedness and instead requires the tax to be levied, collected, and paid to the school district in the same manner as all other property taxes.3 levied for fiscal years beginning on or after July 1, 2027, against property located in the urban renewal area.3 and such payment shall not result in the adjustment of state foundation aid or other amounts under Code chapter 257.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text

Senate subcommittee

Named February 10, 2026. On February 17, 2026 it recommended amendment and passage.

• Sen. Scott Webster REmail
• Sen. Dawn Driscoll REmail
• Sen. Herman C. Quirmbach DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§403.19

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.